All articles by Georgi Gyton – Page 20
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NewsTasty CFO to step down
Mayuri Vachhani is to step down from her role and leave the restaurant group on 31 March 2023 in order to pursue other opportunities, with Ian Davies appointed as her replacement.
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Analysis & InsightFood to go market forecast to grow by 4.1% in 2023
The UK food to go market is expected to see its strongest outlet growth since before the pandemic this year, with a net gain of 1,397 sites, according to a new Lumina Intelligence report
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NewsHedge fund calls on TRG to restore market confidence
The Restaurant Group said it welcomed constructive feedback from all shareholders but disputes claims about performance and the level of Oasis Management Company’s shareholding in the business
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NewsOnline talent platform secures £29m in funding
Brigad raised a Series B round, led by Balderton Capital, in order to accelerate its growth in the hospitality sector across the UK and Continental Europe.
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NewsInflation: ‘Venues are squeezing every last drop out of margins’
Price rises continue to significantly hinger hospitality businesses, despite UK inflation falling for the third month in a row
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NewsHospitality faces ‘incredibly challenging’ recruitment landscape
Vacancy rates in the sector are still 72% higher than they were pre-pandemic according to the latest data from the ONS
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NewsBAO: ‘Our app is a digital version of our universe’
The Taiwanese restaurant group is hoping to close the data loop in its business with its new app which is designed to gamify the loyalty experience, delegates at Hostech heard.
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NewsBoparan: ‘We are looking at new ways to use robots’
The restaurant group currently has robots on trial at two Slim Chickens but is looking at ways it could expand their use to other sites and to carry out a wider range of tasks, Hostech delegates heard
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NewsCity centre footfall bounces back after rail strikes
Footfall in Britain’s city centres came back strongly last week, following several days of rail strikes in the first week of February, new Springboard data has found
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NewsHonest Burgers proposes to scrap paid breaks
The Active Partners-backed business has said it was “frankly a mistake” to introduce paid breaks during Covid – and one it could no longer afford.
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NewsCoffee brand Bear secures investment
The Midlands-based Bear has closed an equity investment round, securing funding from Clark Group Investments to expand its store presence
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NewsGelato brand Amorino pushing forward to UK expansion
The Italian brand is looking to expand from 20 sites currently to 50 by the end of 2025 through its partnership with Seeds Consulting.
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NewsChopstix: ‘Our app is driving up spend and visit frequency’
Introduced last summer, the Asian QSR brand has seen its app drive customer spend up by around £1 per transaction, marketing director Rob Burns told Hostech.
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NewsPure: ‘Footfall levels in the capital give us the confidence to grow’
The food-to-go operator is keen to restart its growth plans following a strong return to trade over the past year, CEO Spencer Craig tells MCA
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NewsOpenings of the week
MCA rounds-up this week’s biggest openings stories, featuring Brightside, Wagamama, Shake Shack, Pure and more
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InterviewsHop Vietnamese: ‘New model means we can hit accelerator on growth’
An increasing desire for personalised dishes was a huge driver of the overhaul of its model, founder Paul Hopper told Hostech
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NewsGail’s: ‘We underwent a quiet tech revolution’
The business has undergone a “seismic shift” over the past 18 months, launching home delivery and click and collect, going multi-aggregator on delivery, and relaunching a catering service and loyalty scheme, MCA’s Hostech conference heard
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NewsLeon launches value hot meal deal
The brand is launching a £3.99 rice pot and drink meal deal in response to feedback from guests that 30% are on a stricter budget
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NewsKFC makes appointments to people team
Maria Mastellone returns to the fried chicken brand following an interim role at Pizza Hut UK & Europe, while Kathryn York becomes chief people officer
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NewsSupport measures can help lower inflation
In its submission to the Chancellor, ahead of his Spring Budget, UKHospitality has called for support on energy, a lower business rates multiplier for hospitality and a temporary reduction in VAT